Impact of climate change after covid and Russia Ukraine war in India

Authors

  • Dr Ajad, Akanksha Mishra and Abhishek kumar Tiwari

Abstract

This article takes a multifaceted look at the growing effects of the COVID-19 and the Russia-Ukraine conflict, focusing on the need of peace and climate funding in creating fair and just transitioning mechanisms. It is driven by the need to deconstruct the expense and scale of mitigation actions in order to speed up the decarbonization agenda, as was discussed before to COP26 and reflected in the ensuing Glasgow Climate Pact. This is reaffirmed in the third volume of the Intergovernmental Panel on Climate Change's (IPCC) Assessment Report 6 (AR6), focusing on climate change adaptation and elaborating on the requirement of policy changes and technological advancements to achieve this end. However, there is a cost to implementing green technology in regions that cannot afford to do so in the near future. This creates an unfair and unjust environment, since people most in need of green technology are also those most likely to be on the front lines of climate change's adverse effects. However, the COVID-19 epidemic and the Russia-Ukraine conflict provide growing obstacles to reviewing this problem and encouraging greater collaboration for technological development and transfer. Commodity and labor prices are skyrocketing because of these two crises, which is having a ripple effect on technology supplier relationships throughout the world. As a result, nations like the Philippines, Bangladesh, and the Marshall Islands are unable to afford green technology (SIDS).

Published

2022-12-31

How to Cite

Dr Ajad, Akanksha Mishra and Abhishek kumar Tiwari. (2022). Impact of climate change after covid and Russia Ukraine war in India. International Journal of Economic Perspectives, 16(12), 121–129. Retrieved from http://www.ijeponline.org/index.php/journal/article/view/476

Issue

Section

Peer Review Articles